21
Saturday
April 2018
1:33 PM IST
News Headlines
CPM amends resolution to allow 'electoral understandings' with Cong        CSK fans head for Pune on special train        Gayle storm blows away Sunrisers        Monetise Air India assets rather than selling stake: SJM to govt        Iraq says it carried out air raid against IS in Syria        Diaz-Canel is Cuba's new president as Castro steps aside        BJP may rope in Swami Aseemanand to work in West Bengal        SC website down amidst fears of hacking        L-G approves proposal to compensate consumers for unscheduled power cuts in Delhi        Loya death: SC says attempts to scandalise judiciary, dismisses pleas        Nawaz Sharif, daughter leave for London        Former US first lady Barbara Bush dead at 92        Manmohan Singh on Kathua, Unnao rape cases: ‘PM Narendra Modi should follow own advice to me, speak more often’        Kathua rape ‘barbaric’, says President Kovind        KKR breach Rajasthan fortress at Jaipur, beat RR by 7 wickets        Virat Kohli downbeat despite smashing IPL run record        BJP ministers in J&K government asked to resign, to be replaced with new faces        Banks are unable to meet the demand for cash, says ATM industry        India, Sweden to enhance cooperation in defence, cyber security        Castro set to step aside as Cuban president, his reforms incomplete        
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Business News
Stocks scale fresh record high as Coal India spurts
 
(Mumbai, Jan 9, 2018): The BSE Sensex hit a fresh record high of 34,487.52 while NSE Nifty touched life-time high of 10,659.15 in opening session today on smart gains in Coal India , Tata Motors and SBI.

Rising for the third straight day, the 30-share index spurted by 134.73 points, or 0.39 per cent, to hit a new peak of 34,487.52.

The gauge gained 559.41 points in previous three sessions to close at a record high at 34,352.79 in yesterday's session.

It had also touched an intra-day lifetime high of 34,385.67 in the previous session.

Sectoral indices, led by IT, teck and metal were trading in the positive zone with gains up to 0.22 per cent.

The 50-share NSE Nifty gained 35.55 points, or 0.33 per cent, to scale its lifetime high of 10,659.15. The gauge had touched an intra-day high of 10,631.20 yesterday.

Coal India soared by over 7 per cent after its board approved a hike in prices of non-coking coal for power and non-power sectors with immediate effect.

The price hike would boost its revenue by Rs 1,956 crore in the remaining part of the 2017-18 fiscal.

Among other gainers, Wipro, ONGC, Tata Motors, M&M, SBI, Infosys, Hindustan Unilever, Tata Steel, HDFC Ltd, TCS, Axis Bank, Bharti Airtel, Kotak Bank and Maruti Suzuki rose up to 2 per cent.

Continuous foreign fund inflows and raising of bets by investors amid optimism over third quarterly earnings and upcoming budget helped the key indices to hit record hits, traders said.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 692.83 crore, while domestic institutional investors (DIIs) sold shares worth Rs 206.30 crore yesterday, according to provisional exchange data.

Among other Asian markets, Hong Kong's Hang Seng gained 0.26 per cent, while Shanghai Composite Index rose 0.13 per cent in their early deals. Japan's Nikkei too edged higher 0.54 per cent.

The US Dow Jones Industrial Average, however, closed 0.05 per cent lower yesterday.(PTI)


Monetise Air India assets rather than selling stake: SJM to govt
With Fuel Prices Hitting the Roof, Govt Asks Oil Companies Not to Increase Rates: Report
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Axis Bank stock rises 4% after Shikha Sharma's tenure shortened
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Crisis-hit Deutsche Bank pushes out British CEO
Highlights of RBI monetary policy
Honda India Recalls Activa 125cc, Grazia and Aviator Scooters
Ratnagiri refinery: Pradhan says open to offer majority stake to Aramco
Telcos' pre-tax losses widen to Rs 38,153 cr in 2016-17
India to be ready with 5G roadmap by June: Tel Secy
Sensex, Nifty turn choppy on weak global cues
Facebook says sorry for data breach scandal in British newspaper ads
Global trade facing challenges,India needs to boost exports: Prabhu
Havells appoints Shashi Arora as CEO of Lloyd
Markets consolidate gains, Sensex reclaims 33k-mark
SAIC’s MG Motor India to invest Rs5,000 crore in next six years
Audi to hike car prices by up to Rs 9 lakh from April
RBI sets rupee reference rate at 64.9366 against US dollar
Indians choose travel over shopping, food: Survey
KERALA NEWS
Hate speech on Kathua rape victim: Case against Kotak Mahindra Bank employee Vishnu Nandakumar
 (Kochi, Apr 14, 2018): Kerala Police on Saturday said they have registered a case against a p  
Gang attacks BJP leader in Thiruvananthapuram
Govt doctors on indefinite stir in Kerala
Radio Jockey's murder: Ali Bhai confesses to the crime
INTERNATIONAL NEWS
Iraq says it carried out air raid against IS in Syria
 Baghdad, Apr 19 (AFP) The Iraqi air force today carried out a "deadly raid" against positions of the
Diaz-Canel is Cuba's new president as Castro steps aside
Nawaz Sharif, daughter leave for London
Former US first lady Barbara Bush dead at 92
NATIONAL NEWS
BJP may rope in Swami Aseemanand to work in West Bengal
 Kolkata, Apr 19 (PTI) The BJP in West Bengal is planning to rope in Hindutva preacher Swami Aseemana
SC website down amidst fears of hacking
L-G approves proposal to compensate consumers for unscheduled power cuts in Delhi
Manmohan Singh on Kathua, Unnao rape cases: ‘PM Narendra Modi should follow own advice to me, speak more often’
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